1504, West Avenue Residential Tower
Sold prices and rental history: sold 3 times, last in December 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, West Avenue Residential Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 16 February 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 15th of 34
- Parking
- B1-40
- Developer
- West Avenue
- Completed
- 2014
- Service charge
- AED 24,800 /yr
- Last sold
- AED 1.85M · December 2018
- Building
- West Avenue Residential Tower
About 1504, West Avenue Residential Tower
1504 is a two-bedroom apartment of 1,258 sqft on the 15th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 6 December 2018 for AED 1,850,000, or AED 1,470 per sqft, in line with the AED 1,470 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 16 February 2021, is AED 105,000 a year: a gross yield of 5.7% on the 2018 price, before the service charge of about AED 24,800 a year.
Sales and rents for 1504 over time
1504 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in West Avenue Residential Tower, and where 1504 sits
All 96 2-beds →1504 last sold in December 2018 at AED 1,470 per sqft, in line with what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,470). Over the last 12 months two-beds sold for AED 2,750,000, around AED 2,063 per sqft, and rent for AED 50,000 to 195,000 a year. 1504's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,237 sqft | 39,104 | 31 | ||
| 5 Aug 20265 August 2026 | 1,237 sqft | 29,858 | 24 | ||
| 15 Jan 202615 January 2026 | 1,333 sqft | 2,750,000 | 2,063 | ||
| 8 Jan 20268 January 2026 | 1,237 sqft | 82,903 | 67 |
West Avenue Residential Tower
Building271 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2014 by West Avenue. 17 sold in the last 12 months.
- Typical price per sqft
- AED 2,063 Up 9.1%
- Typical sale
- AED 1.45M
- Typical rent
- AED 90K /yr
- Typical yield
- 5.8%
Other units on the 15th floor
All 271 units in West Avenue Residential Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 789 sqft | AED 1.35MAED 1,350,000 · Jan 2024January 2024 | 73,500 /yr | |
| 1502 | 1-bed | 713 sqft | AED 1.04MAED 1,040,528 · Dec 2014December 2014 | 90,000 /yr | |
| 1503 | 1-bed | 721 sqft | AED 1.3MAED 1,300,000 · May 2023May 2023 | 85,000 /yr | |
| 1505 | 2-bed | 1,331 sqft | AED 2.09MAED 2,091,495 · Dec 2014December 2014 | 80,000 /yr | |
| 1506 | 1-bed | 722 sqft | AED 1.04MAED 1,041,291 · Dec 2014December 2014 | 87,000 /yr | |
| 1507 | 1-bed | 700 sqft | AED 1.26MAED 1,260,000 · Jan 2023January 2023 | 75,000 /yr | |
| 1508 | 2-bed | 1,237 sqft | AED 1.75MAED 1,750,000 · Jun 2017June 2017 | 152,500 /yr | |
| 1509 | Studio | 443 sqft | AED 676KAED 676,060 · Dec 2014December 2014 | 55,000 /yr |
1504, West Avenue Residential Tower in numbers
- Sold 3 times: first on 11 February 2013 for AED 1,854,722, last on 6 December 2018 for AED 1,850,000 (AED 1,470 per sqft).
- Rented since November 2016 on 4 Ejari contracts, from AED 165,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2018 price is 5.7%, before a service charge of about AED 24,800 a year (AED 19.72 per sqft).
- Two-beds in West Avenue Residential Tower sold for AED 2,750,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,063 per sqft.
Source: Dubai Land Department. Updated 16 February 2021.
Questions about 1504, West Avenue Residential Tower
What did unit 1504 last sell for?
AED 1,850,000 on 6 December 2018: AED 1,470 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,854,722 in February 2013.
What is the rent for unit 1504?
AED 105,000 a year on the contract signed on 16 February 2021. The previous contract, from March 2020, was AED 115,000; the unit has been rented since November 2016.
How big is unit 1504?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 15th floor of a 34-storey tower completed in 2014.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Avenue Residential Tower sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 2,063 per sqft.
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Mortgage on 1504, West Avenue Residential Tower
Starts from the last sale price (AED 1.85M, 6 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →